STRM – Streamline Health Solutions (Nasdaq) (Closing Price on Friday, 12/29/06 – $5.90)
Streamline Health Solutions (STRM) is another short term play. They have their biggest quarter in the fourth quarter and this year should be no different.
Streamline Health provides hospitals with solutions to improve their workflow and document management. The timing of their contracts makes the fourth quarter their best quarter for sales and profits. Last year they reported revenues of 6.2 million and had a profit of $0.30 in the fourth quarter. This year they should equal or surpass that. (more…)